Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 16.989441 19.357048 21.940594 24.969987 28.426273 32.248461 36.798509
2024-10-20 13.112148 16.072001 19.546311 23.928965 29.316061 35.729830 43.958920
2024-10-27 10.533655 13.788967 17.869644 23.368476 30.599398 39.804799 52.449418
2024-11-03 8.944052 12.454331 17.135153 23.847969 33.256620 46.018872 64.722915
2024-11-10 7.766854 11.467000 16.698736 24.659259 36.515585 53.601741 80.245436
2024-11-17 6.607355 10.309863 15.843224 24.748957 38.801218 60.253156 95.745313
2024-11-24 5.441744 8.945456 14.462686 23.826693 39.432442 64.594868 108.638856
2024-12-01 4.509735 7.788957 13.215226 22.901910 39.908641 68.798777 122.168229
2024-12-08 3.873221 7.013114 12.461176 22.669141 41.510100 75.162854 140.645727
2024-12-15 3.407376 6.454593 11.987301 22.846435 43.875348 83.293082 163.933585
2024-12-22 2.982960 5.898547 11.425870 22.765499 45.755594 90.885020 187.751969
2024-12-29 2.719932 5.606142 11.310941 23.527300 49.421324 102.580928 222.142557
2025-01-05 2.405991 5.169445 10.865010 23.598368 51.823353 112.444495 255.374769
2025-01-12 2.073180 4.634653 10.129297 22.930627 52.550111 118.984514 282.895100
2025-01-19 1.822315 4.233065 9.608276 22.641844 54.080299 127.627136 317.283795
2025-01-26 1.673428 4.036270 9.508581 23.309608 57.992582 142.570688 370.410564
2025-02-02 1.559026 3.900392 9.526980 24.271114 62.836233 160.775114 436.128065
2025-02-09 1.414784 3.665202 9.267338 24.495120 65.880389 175.149757 495.234085
2025-02-16 1.237006 3.312265 8.653848 23.686941 66.056982 182.142277 535.759290
2025-02-23 1.082529 2.992516 8.069866 22.847849 65.992311 188.514900 576.191633
2025-03-02 0.976344 2.784924 7.747754 22.678983 67.812528 200.604315 636.865794
2025-03-09 0.897701 2.640465 7.573860 22.907297 70.867391 216.979626 715.118653
2025-03-16 0.818402 2.479551 7.325190 22.866618 73.109814 231.429005 790.923675